Wire
TOP Financial Approves 1-for-5 Share Consolidation
TOP Financial (TOP) said Thursday its board has approved a 1-for-5 share consolidation of its Class A and Class B ordinary shares, with post-split trading scheduled to begin on Nasdaq on Aug. 3.Under the transaction terms, five existing shares will convert into one post-split share, while fractional holdings will round up to the nearest whole share, the company said.
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